Flat for sale in The Waterhouse, Front Street, Hetton-Le-Hole, Houghton Le Spring, Tyne And Wear DH5

Offers over £285,000
Interested in this property? Call +44 191 392 0159 * or Request Details

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Flat for sale - 9 bedrooms

9 4 4

Tenure:
Freehold
Council tax band:
A

Property features

  • 4 flats
  • 1 x 3 bed
  • 3 x 2 bed
  • Investment and development opportunity
  • Annual rent of £24,600
  • Long term tenants
  • Large desiginated parking area
  • Close to excellent local amenities
  • Freehold

Property description



Calling all investors


Excellent opportunity to acquire a block of 4 tenanted flats situated on Hetton Le Hole front street at the corner of Office Place. The property benefits from being close to excellent local amenities and has easy access to the A690, A1, and the A19.

Each Flat is self contained and benefits from gas central heating, double glazing, kitchen and bathroom. The property also benefits from an enclosed yard with a gate that has parking for up to 8 cars.




Flat 1

- Living Room

- Kitchen

- 3 Bedrooms

- Bathroom




Flats 2,3, and 4

- Living Room

- Kitchen

- 2 Bedrooms

- Bathroom

flat 1 let at £7200 per annum

flat 2 let at £7200 per annum

flat 3 let at £4800 per annum

flat 4 let at £5400 per annum

Achieving a total rent of £24,600 per annum giving a gross yield of 8.5% with potential to redevelop further.

Situated on a large plot, we expect strong demand so do not delay in booking a viewing.

Property info

Floorplan(s): Flat 1 2D Flat 1 3D Flat 2 2D Flat 2 3D Flat 3 2D Flat 3 3D Flat 4 2D Flat 4 3D

Flat 1 2D View original

Arrange Viewing

For more information about this property, please contact
Ewemove Sales & Lettings - Washington & Houghton le Spring, BD19 on +44 191 392 0159 * (local rate)

Contact Ewemove Sales & Lettings - Washington & Houghton le Spring about this property

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ewemove Sales & Lettings - Washington & Houghton le Spring, and do not constitute property particulars. Please contact Ewemove Sales & Lettings - Washington & Houghton le Spring for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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